EconPapers    
Economics at your fingertips  
 

Decomposition of rebound effect: An energy-specific, general equilibrium analysis in the context of China

Meifang Zhou, Yu Liu (), Shenghao Feng, Yang Liu and Yingying Lu

Applied Energy, 2018, vol. 221, issue C, 280-298

Abstract: The objective of this study is to trace and quantify the sources of rebound effect for different energy sources in China. This paper decomposes the economy-wide rebound effect into 135 production sector-level rebound effects and five final demand components. The sector-level rebound is further decomposed into output effect and substitution effect. A two-stage decomposition method and a static computable general equilibrium model are developed to achieve this. Five types of energy-specific efficiency improvements are introduced, respectively, in all the production sectors. Results show that improving efficiency of using coal leads to the smallest macro-level rebound. For rebound decomposition, four findings are generalized. First, final consumption shows larger impact on the rebound of secondary energy sources than on primary energy sources. Second, production sectors that are big user of the efficiency-exposed energy source are expected to be key rebound contributor. Third, energy-producing sectors make negative rebound contribution. Results also show that, substitution effect is the predominant mechanism that triggers sector-level rebound. Policy implications are also discussed.

Keywords: Rebound effect decomposition; Energy-specific; CGE model; Sectoral contribution; Output effect; Substitution effect (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4) Track citations by RSS feed

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0306261918304136
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:appene:v:221:y:2018:i:c:p:280-298

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/journaldescription.cws_home/405891/bibliographic
http://www.elsevier. ... 405891/bibliographic

Access Statistics for this article

Applied Energy is currently edited by J. Yan

More articles in Applied Energy from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().

 
Page updated 2019-04-22
Handle: RePEc:eee:appene:v:221:y:2018:i:c:p:280-298